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FINANCIAL FACTS Claudia A.Wenzel, Director of Financial Assistance Diane M. Ward, Bursar and Director of Student Accounts Michael Humensky, Campus Card Coordinator Welcome

Financial Facts

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Welcome. Financial Facts. Claudia A.Wenzel , Director of Financial Assistance Diane M. Ward , Bursar and Director of Student Accounts Michael Humensky , Campus Card Coordinator. Financial Aid Make your award a credit to your account! Additional steps needed to finalize your award - PowerPoint PPT Presentation

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Page 1: Financial Facts

FINANCIAL FACTSClaudia A.Wenzel, Director of Financial Assistance

Diane M. Ward, Bursar and Director of Student Accounts

Michael Humensky, Campus Card Coordinator

Welcome

Page 2: Financial Facts

Financial AidMake your award a credit to your account!

Additional steps needed to finalize your award

• Promissory Note and Loan Counseling

• Student employment• Verification• Alternative financing

Page 3: Financial Facts

• Individualized Counseling• Review of award and remaining requirements• Review of financial responsibility• Discussion of plan for payment• Questions answered

Personal Appointments

Page 4: Financial Facts

Tips for Success

•Be connected• Bannerweb• www.jcu.edu/aidjcu• Campus email

•Use your resources

•Establish a relationship with our office

Page 5: Financial Facts

Rodman Hall -2nd [email protected]

Personal appointments 1:00 -3:30 p.m. tomorrow

Office of Financial Assistance

Page 6: Financial Facts

Important Dates for 2011-2012Fall 2011 Spring 2012

Tuition Due Dates August 1 January 1Classes Begin August 29 January 17Deadline for Course Withdrawal

November 22 April 17

Office of the Bursar

Page 7: Financial Facts

Billing Process• Email on July 1, 2011• Cover letter and PDF attachment• Statements will also be posted to Banner Web for Student•Payment instructions are on the statement

• Payment mailing address

• Online payment • Electronic Check• Credit Card• Please note a fee

is charged for these services

• Visit www.jcu.edu/payment

Parents: Be sure your email address is in our records.

Tip:

Page 8: Financial Facts

Tuition Payment Plan• Optional, but recommended to assist in budgeting your semester’s charges over five months• Five Payments per Term

• Fall: June 5 – October 5

• Spring: November 5 – March 5

• Application fee, $25• Payments can be automated• Your choice of email or paper statements• If you enroll after June 5 accrued payments must be paid at the time of application• Apply each year

Tip:Visit www.jcu.edu/tpp to enroll online.

Page 9: Financial Facts

Fall Semester Withdrawal Schedule

Title IV Refund and Payment PolicyAny student who withdraws on or before the 60% point in the semester will have to return or repay unearned federal Title IV financial aid funds. A student who withdraws after the 60% point of the semester is considered to have earned 100% of their aid and will not have to return funds to the federal Title IV financial aid programs.

Full Policy at http://www.jcu.edu/aidjcu/refunds.htm

Week Tuition Charged1 -0-2 33% of Tuition and Fees3 67% of Tuition and Fees4 to end 100% of Tuition and Fees

Page 10: Financial Facts

Tuition Insurance: The Tuition Refund Plan • Insured 75% of cost (tuition, lab fees, room expenses)• Covers injury and illness withdrawals• Pre-existing conditions are not excluded• See brochure for details,exclusions and claims information• Premium for the 2011-2012Academic Year: • Campus Resident $320• Commuter $276

• Note: This is not health insurance

Page 11: Financial Facts

Office of the Bursar• Administration Building a-1• Cashier’s Office – Student Service Center, Administration Building 37• Telephone 216-397-4494

• Check cashing - $25 limit• Review student account• Make a payment

Page 12: Financial Facts

University Bookstore• Text book refund and return policy will be provided at the time of purchase. • Text book rental

• Save up to 50%• Not all courses• Must be guaranteed

with a credit cardTip:Find the bookstore online:

www.jcu.bkstr.com

Books can be shipped or held for campus pick-up

Page 13: Financial Facts

Carroll Card

Page 14: Financial Facts

Questions and Answers